The Australian rooftop solar market has experienced another strong month – possibly the highest ever – in February, adding to expectations that 2018 will be another record year for installations.
According to data from Green Energy Markets, there was 117.4MW of rooftop solar that created STCs (certificates) in the month of February.
This is actually higher than the record month of November, but according to GEM’s Tristan Edis, could be clipped back when some systems are identified as invalid.
Still, February had just 20 working days compared to November’s 22, and according to Edis: “These are extraordinary numbers.
“While we expect a fair chunk of this capacity in February in fact reflects installs and sales that were locked in from last year, the market is well above where it was the same time last year, and that ultimately turned into a record year for capacity.”
Interestingly, GEM’s analysis suggests that the bulk of rooftop solar systems between 10kW and 15kW are going on to homes, not businesses, as previously thought. (See graph above and transition from dotted blue component to dotted green).
“It seems that with the large drop in module prices many residential customers are now choosing to max out their roof with as much solar as they can fit.”
This article was originally published on RenewEconomy’s sister site, One Step Off The Grid, which focuses on customer experience with distributed generation. To sign up to One Step’s free weekly newsletter, please click here.
Giles Parkinson is a journalist of 30 years experience, a former Business Editor and Deputy Editor of the Financial Review, a columnist for The Bulletin magazine and The Australian, and the former editor of Climate Spectator.